.png)
Property Bookkeeping Services
NEPREM’s Property Bookkeeping Services provide comprehensive financial management, ensuring that every transaction, expense, and income source is accurately recorded and reported.
With meticulous attention to detail, our bookkeeping services offer full transparency and support for property owners and associations, giving you a clear understanding of your property’s financial health.
​
These bookkeeping services are also available as a standalone offering, allowing you to benefit from expert financial management even if you do not require full property management services.
Key Bookkeeping Services
Income and Expense Tracking:
We record all sources of income, including rent payments and association dues, along with expenses related to maintenance, repairs, utilities, and more. Every transaction is accurately logged, providing a precise view of property cash flow.
Monthly Financial Reports:
NEPREM prepares detailed monthly financial reports, including Profit and Loss (P&L) statements, balance sheets, and cash flow summaries. These reports give owners and board members a clear snapshot of financial performance, ensuring informed decision-making.
Bank Reconciliation:
All bank accounts related to your property are reconciled regularly to ensure that all recorded transactions align with actual bank statements. This careful reconciliation process helps prevent discrepancies and ensures complete financial accuracy.
Accounts Receivable and Payable:
NEPREM manages all accounts receivable, ensuring timely collection of dues, rents, and other income. We also handle accounts payable, processing and paying bills for services, utilities, and other obligations efficiently and on time.
Budgeting and Forecasting:
Our team assists in preparing annual budgets that align with long-term property goals. By analyzing past expenditures and forecasting future costs, we help property owners and associations plan financially and establish reserve funds for unexpected expenses.
Tax Filing Preparation:
NEPREM ensures that all necessary documents and reports are organized for tax filing. We work closely with CPAs when needed, preparing 1099 forms and ensuring that property finances are compliant with tax regulations.
​Benefits of NEPREM’s Bookkeeping Services
Bill Payments and Budgeting:
Our bookkeeping services offer full visibility into your property’s financial status, with detailed records and monthly reporting that ensure accuracy.
Time and Effort Savings:
NEPREM handles all financial documentation, freeing property owners and boards from administrative burdens and allowing them to focus on other responsibilities.
Informed Financial Decisions:
With accurate, up-to-date financial data, owners and associations can make informed choices that support property growth and long-term success.
Experience Peace of Mind with NEPREM’s Bookkeeping Expertise
NEPREM’s Property Bookkeeping Services provide a strong foundation for financial transparency, accountability, and informed property management. Whether you need full-service property management or just standalone bookkeeping, trust us to handle your property’s finances with precision and integrity